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masha68 [24]
3 years ago
11

Liam wants to save $6,265 to purchase a car. if $4,000 is deposited into an account at 7.5% interest, compounded monthly, how ma

ny years will liam have to save until he has enough to purchase the car?
Mathematics
1 answer:
timurjin [86]3 years ago
5 0
To solve for time taken we use the compound formula:
A=P(1+r/100*n)^(n*t)
where:
A=future value
P=principle
r=rate
t=time
n=number of terms

6265=4000(1+7.5/(12*100))^(12t)
solving for t we get
1.56625=1.00625^12t
12t=72.0136
t=6.00 years
Answer: 6 years
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4 0
3 years ago
The nut shack sells cashews for $6.00 per pound and Brazil nuts for $5.00 per pound. How much of each type should be used to mak
Kay [80]

Answer:

Number of pounds of cashews = x = 14.96 pounds

Number of pounds of Brazil nuts = y = 19.04 pounds

Step-by-step explanation:

Let us represent:

Number of pounds of cashews = x

Number of pounds of Brazil nuts = y

The nut shack sells cashews for $6.00 per pound and Brazil nuts for $5.00 per pound. How much of each type should be used to make a 34 pound mixture that sells for $5.44 per pound

Our system of equations is given as:

x + y = 34...... Equation 1

x = 34 - y

6x + 5y = 34 × 5.44

6x + 5y = 184.96.......Equation 2

Ww substitute : 34 - y for x in Equation 2

6(34 - y) + 5y = 184.96

204 - 6y + 5y = 184.96

Collect like terms

- 6y + 5y = 184.96 - 204

-y = -19.04

y = 19.04 pounds

Solving for x

x = 34 - y

x = 34 - 19.04

x = 14.96 pounds

Number of pounds of cashews = x = 14.96 pounds

Number of pounds of Brazil nuts = y = 19.04 pounds

7 0
2 years ago
Triangle is reflected across the y-axis and then dilated by a factor of centered at the origin. Which statement correctly descri
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  A.  The reflection preserves the side lengths and angles of triangle . The dilation preserves angles but not side lengths.

Step-by-step explanation:

Reflection is a rigid transformation. It preserves both angles and side lengths. Dilation preserves angles, but changes all lengths by the same scale factor.

<h3>Application</h3>

The described triangle was subject to reflection, which preserves angles and lengths. It was also subject to dilation, which preserves angles, but not lengths.

The appropriate description is that of choice A.

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2 years ago
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Answer:

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